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u.s. every year. alcohol 200 billion, tobacco about 190. his >> quite a bit more dangerous, the cost of alcohol and tobacco. gerri: unfortunately we are going to to leave it there. the shouting is over for this hour. thank you for coming on tonight, appreciate your time. now we want to know what you think. should marijuana be legalized and taxed? vote on the right-hand side of the screen and we will show the results of the show. lots more to come including a big dÉjÀ vu all over again in washington. and the justice department taking s&p to court saying they are to blame for the financial crisis, so why now is this payback by the white house? i will break it down next gerri: in the world of banking and finance, rating agencies opinion is the last advice the big money guys put down their dough. so it is important. u.s. justice department tha dept the nation's biggest agencies with a billion dollars lawsuit saying it did a shoddy job rating mortgage bonds. in his defense are expected to arg
u.s. every year. alcohol 200 billion, tobacco about 190. his >> quite a bit more dangerous, the cost of alcohol and tobacco. gerri: unfortunately we are going to to leave it there. the shouting is over for this hour. thank you for coming on tonight, appreciate your time. now we want to know what you think. should marijuana be legalized and taxed? vote on the right-hand side of the screen and we will show the results of the show. lots more to come including a big dÉjÀ vu all over again...
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Feb 18, 2013
02/13
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>> it has nothing to do with approving u.s. national security and nothing to do with lowering energy prices for americans. member, salt process of the pipeline is to divert oil that is currently eating processed in the midwest for domestic consumption to the gulf coast refineries in order to export that product. the largest export in the u.s. economy right now is refined petroleum products. business is booming for the gulf coast refineries, but it is increasing energy prices for americans because the more we export, that dilutes the supplies here at end up having upward pressure on prices. second of all, the product of the keystone pipeline is destined for export, how does that improve u.s. national security? it doesn't. particularly you look at the increased levels of chinese national government investment in production, by 2020 under the direct control of the chinese government will be under the control of nearly a million barrels of production every day. sandra: rick, i want you to get in and respond to this. >> i think thos
>> it has nothing to do with approving u.s. national security and nothing to do with lowering energy prices for americans. member, salt process of the pipeline is to divert oil that is currently eating processed in the midwest for domestic consumption to the gulf coast refineries in order to export that product. the largest export in the u.s. economy right now is refined petroleum products. business is booming for the gulf coast refineries, but it is increasing energy prices for americans...
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Feb 12, 2013
02/13
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the u.s. added record levels of when that power in. more than 60 percent of new capacity came in the fourth quarter. concerns that know wind energy tax credit would expire in december held spike that drive. all right. so this is the ty of great energy that i can finally get behind. solar and wind under the table. the man behind the breakthrough technology joins us next. i hope the white house takes notes on this one. the end of the day it's all about money and beer. ♪ melissa: a new type of drink is on tap. the brewery is now serving beer powered by beer. in an effort to cut fuel costs and the use heating oil the company has installed a new boiler that operates on spend great which is the leftover waste for the brewing process. joining me on the phone to explain is brendan smyth bring operations and engineering manager at the alaskan brewing company. welcome to the show, and i want to make sure the have the story right. that is really expensive, in addition how expensive it is to use fuel oil to power plants, so you figure that out t
the u.s. added record levels of when that power in. more than 60 percent of new capacity came in the fourth quarter. concerns that know wind energy tax credit would expire in december held spike that drive. all right. so this is the ty of great energy that i can finally get behind. solar and wind under the table. the man behind the breakthrough technology joins us next. i hope the white house takes notes on this one. the end of the day it's all about money and beer. ♪ melissa: a new type of...
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Feb 14, 2013
02/13
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u.s. natural gas stockpiles fell less than forecast last week. that raised concerns that natural gas demand isn't keeping up with the abundant supplies. we were just talking about that. >>> next on "money", north carolina legislators approve massive cuts to jobless benefits. it will save the state mountains of cash but are they draconian measures? one of the state senators voting in favor of the cut joins us next. >>> plus, you know i'm totally smitten over my dog shaped flowers. my golden rose. i just love it. nothing could possibly make me happier this valentine's day than, oh, man, i was wrong. look at that. guys will drop dough on things on valentine's day they would normally never buy. we'll show you how businesses are making a killing. they're staying on the floor. these roses are that tall. from you? i didn't know you cared. do you ever have too much money or too many six-foot roses? you're the sweetest. i love them. where is the golden one? ♪ . ♪ (train horn) the economy comes to life.go, norfolk southern. one line, infinite possibili
u.s. natural gas stockpiles fell less than forecast last week. that raised concerns that natural gas demand isn't keeping up with the abundant supplies. we were just talking about that. >>> next on "money", north carolina legislators approve massive cuts to jobless benefits. it will save the state mountains of cash but are they draconian measures? one of the state senators voting in favor of the cut joins us next. >>> plus, you know i'm totally smitten over my dog...
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Feb 12, 2013
02/13
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u.s. on a stable fiscal path, do the kind of spending reforms that we need to do a tax reform. you know, allow the private sector some certainty about the future so that it can do its job. gerri: it is interesting. i think this speaks may be more political than the ones he has done in the past. i don't know if you heard the speaker today. he was on fire saying, i don't think the president has the guts to do it, and by that he means cut spending. he does not have the courage to take a liberal side of his own party and never has. do you agree? >> at think that is set to write. if you look at the federal budget, the places where our founders thought there should be government activity, national-security, basic research endeavors structure, education, those parts of the budget are being utterly crowded out by the large social welfare legacies of the past. the president genuinely wanted to do a better job on infrastructure, do a better job and education, do a better job on the kinds of things t
u.s. on a stable fiscal path, do the kind of spending reforms that we need to do a tax reform. you know, allow the private sector some certainty about the future so that it can do its job. gerri: it is interesting. i think this speaks may be more political than the ones he has done in the past. i don't know if you heard the speaker today. he was on fire saying, i don't think the president has the guts to do it, and by that he means cut spending. he does not have the courage to take a liberal...
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Feb 18, 2013
02/13
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he will have a score card and in fairness "u.s. news and world report" does it but they will say who gets jobs. >> bill gates gave his annual address on issues facing the world and said we need to rework the scorecard and education bill gates, u.s. news and the government version that no one reads badly for matted and cannot find it on the internet except pd f and it has to be downloaded. [laughter] [applause] and will cost millions of dollars. john: climate change. we must do more to combat climate change and there i overwhelming judgment of scientists that hurrican sandy. [laughter] caused by climate change? >> i give him credit for being that devious he says sandy than overwhelming evidence, there is not that imate change caused hurricane sandy. >> there is no evidence. >> maybe this sea level rises and the frequencies of the hurricanes with climate change is just john. pick on that it is just the righout there to get a federal program to solve this. john: there is a lot of evidence the climate is warming. >> but i think might b
he will have a score card and in fairness "u.s. news and world report" does it but they will say who gets jobs. >> bill gates gave his annual address on issues facing the world and said we need to rework the scorecard and education bill gates, u.s. news and the government version that no one reads badly for matted and cannot find it on the internet except pd f and it has to be downloaded. [laughter] [applause] and will cost millions of dollars. john: climate change. we must do...
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Feb 11, 2013
02/13
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the u.s. added record levels of when that power in. more than 60 percent of new capacity came in the fourth quarter. concerns that know wind energy tax credit would expire in december held spike that drive. all right. so this is the type of great energy that i can finally get behind. solar and wind under the table. the man behind the breakthrough technology joins us next. i hope the white house takes notes on this one. the end of the day it's all about money and beer. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whateverhe world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry germany? at t. rowe price, we understand the connections of a complex, global econ
the u.s. added record levels of when that power in. more than 60 percent of new capacity came in the fourth quarter. concerns that know wind energy tax credit would expire in december held spike that drive. all right. so this is the type of great energy that i can finally get behind. solar and wind under the table. the man behind the breakthrough technology joins us next. i hope the white house takes notes on this one. the end of the day it's all about money and beer. [ kitt ] you know what's...
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an internet activists who was under investigation by the u.s. government. he had other problems, credits suicide in january which anchored -- the fact committed suicide was sad, but anonymous was angry at the way the government went after them. gerri: and that is actually what is behind this attack. to you. anonymous, these fellows are angry, they don't like the way things are going. another trying to get a personal information. what do you make of this? >> anonymous is a very small percentage of the attacks going on. the ones that i was referring to are out and not a hard-core cyber criminals looking for financial gain. just want to stir up a hornet's nest and create chaos. they do a lot of harm, but the map of cyber security to break into bank accounts, especially business bank accounts and to break into businesses to steal intellectual property against a patented and permission before. sales information, that information is valuable. many companies in china don't want to actually invest in innovation. they would rather steal it. gerri: take the jobs. to
an internet activists who was under investigation by the u.s. government. he had other problems, credits suicide in january which anchored -- the fact committed suicide was sad, but anonymous was angry at the way the government went after them. gerri: and that is actually what is behind this attack. to you. anonymous, these fellows are angry, they don't like the way things are going. another trying to get a personal information. what do you make of this? >> anonymous is a very small...
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there's no other asset performing the way the u.s. equity markets will, and people don't understand china to put the money there. this is the place to be. gerri: let me ask this, though. everybody on the floor today so exted about dow 14,000. again, it's, you know, it's 30 stocks, people, don't get excited. the reality is this. we have been here, and it was seven years ago. we have been here, and it was seven years ago. to me, i remember that, and i think, oh, that's disappointing that it took us this long to get back to where we should be. i always think the stock market should be moving ahead in a fairly straight line, not with big multiyear gaps. i guess i, like a lot of americans out there who have been trying to save for retirement, trying to save for all kinds of things, i wish it would stop surprising me and start acting a little more rationally. i know i'm asking too much, but do you see what i'm saying here? >> it, you know, gerri, when you look back at the past decade or past 12 years as you pointed out, think about the head
there's no other asset performing the way the u.s. equity markets will, and people don't understand china to put the money there. this is the place to be. gerri: let me ask this, though. everybody on the floor today so exted about dow 14,000. again, it's, you know, it's 30 stocks, people, don't get excited. the reality is this. we have been here, and it was seven years ago. we have been here, and it was seven years ago. to me, i remember that, and i think, oh, that's disappointing that it took...
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Feb 24, 2013
02/13
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change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it.
change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. that your mouth is under attack, from food...
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Feb 24, 2013
02/13
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well, the u.s. state department is trying to play down the conflict between the ceo of tighten international, maurice taylor, and the french government, calling a private matter. we talked about this last night. the exchange erupted after the french government leaked a letter written by mr. taylor in which she describes workers at the french tire plant he was considering buying sleazy. in case you missed it yesterday, here is what he told me about the atmosphere of the french plant. >> you walk-in. they get in now or for their lunch in their brakes. ey work about three hours and th the other three, it's like a beauty shop. they're socializing. the reason being, they would like you -- the union thinks she should hire more people. i mean, that's the unions mentality. then what happens is appearances they're closing the plant. i have nothing. so they're not they will close it. the french minister, i will call up this tighten and have them come. i spent four years over there talking with these fools. an
well, the u.s. state department is trying to play down the conflict between the ceo of tighten international, maurice taylor, and the french government, calling a private matter. we talked about this last night. the exchange erupted after the french government leaked a letter written by mr. taylor in which she describes workers at the french tire plant he was considering buying sleazy. in case you missed it yesterday, here is what he told me about the atmosphere of the french plant. >>...
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change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. john: day you have your ticket to the super bowl? is not too late. you can get from us gelber. but internet sites still has thousands listed for sale flight stub of it will set you back a couple thousand or when it doesn't which is why people say it should be legal. >> should ticket scalping be allowed? >> no. >> no. >> held know it is hard to buy ticks and you cannot get one for yourself. >> if stub hub buys them i cannot get them but sometimes they do take them up but it is simple-minded and counterproductive. >> the reality we have a limited number of seats and more people to buy those sometimes tickets are sold far in advance and we don'
change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. john: day you have your ticket to the super...
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Feb 28, 2013
02/13
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. >> every time we have a hearing like this, we are seeing this u.s. national debt and political prop. >> the national debt clock will not be put on the screens during democratic time. neil: out of sight and out of mind. a ruling debt clock is a political ploy by republicans. republicans calling foul. my next guest says there is a party double standard. okay, they almost reminded me of vampires that you se. but the debt clock is what the debt clock is. spending more than a chilly in dollars and we are taking in. >> you know, the idea that people would object to this. it is too rich for my blood. i'm trying to reduce my cholesterol. the problem with the debt clock is not that it is showing up in congress, but that congress is racking up so much that that it doesn't even have time. it can't pass a budget because it's too busy sending us into the poor house. it's time to take it that seriously. economists, virtually every economist agrees that racking up too much debt and that to be a major drag on the economy and long-term economic growth. which is suppo
. >> every time we have a hearing like this, we are seeing this u.s. national debt and political prop. >> the national debt clock will not be put on the screens during democratic time. neil: out of sight and out of mind. a ruling debt clock is a political ploy by republicans. republicans calling foul. my next guest says there is a party double standard. okay, they almost reminded me of vampires that you se. but the debt clock is what the debt clock is. spending more than a chilly in...
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Feb 16, 2013
02/13
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. >> commercial property is undervalued and a lot of markets >> said good old old u.s. greenback one fund that tracks the dollar that has been down for a decade but is strengthening right now. >> that is so interesting. to my mind for the safe haven issued did not have a look at it. the bank deposit is a safe haven. neil: put the money under the mattress. we have the security commissioner on monday that "mow said it is broke.ac fix it now. they said no. .onday , suing. a cheap knockoffs. thousands of customers ripped off. also, the judge rules on the case. and our special segment. we go behind the scenes of new york fashion week for the hot as degns of the latest trends. "the willis report" is on the case. ♪ gerri: all that and more coming up. first, our top story worth thousands, thousands of costco customers were ripped off. that is what tiffany is saying. the high end jeweler says there were selling expensive diamond rings, falsely claiming they were from tiffany. as a result, they customers were duped for years. now taking the warehouse center court. the cheapest
. >> commercial property is undervalued and a lot of markets >> said good old old u.s. greenback one fund that tracks the dollar that has been down for a decade but is strengthening right now. >> that is so interesting. to my mind for the safe haven issued did not have a look at it. the bank deposit is a safe haven. neil: put the money under the mattress. we have the security commissioner on monday that "mow said it is broke.ac fix it now. they said no. .onday , suing. a...
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Feb 26, 2013
02/13
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u.s. right now. but in all the studies that we have covered, all the stories we have covered we haven't come across the story where the outcome could mean town locals may end up with a tax increase in order to cover up to 15 million of costs of removing the wind turbines. this is shocking. they paid to 10 to $15 million in order to install the things to put them up with the idea they would be saving money over time as they ranch as you heard because of the curtailment right now they're operating at a loss. if they get rid of the turbines as the town wants, they will get taxed another $15 million in order to pay for that. joining us for a first-hand account, okay. we're going back to that story in just a moment. let's move onto the sequester cuts for a moment here and how to fix them. president obama was in virginia today, warning of the dire consequences of defense cuts and what they will have on our military and our economy. you heard about all this, in 2012 of course we spent $65 billion
u.s. right now. but in all the studies that we have covered, all the stories we have covered we haven't come across the story where the outcome could mean town locals may end up with a tax increase in order to cover up to 15 million of costs of removing the wind turbines. this is shocking. they paid to 10 to $15 million in order to install the things to put them up with the idea they would be saving money over time as they ranch as you heard because of the curtailment right now they're...
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Feb 18, 2013
02/13
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hispanic, american, u.s. senator, smart fellow, and he says he can get that done as long as border security is there. >> absolutely. lou: the use of -- so that hispanic americans who are voting, 70 percent, for president obama? >> they used to vote for the government. lou: look, i would love to sit and talk with you about 2006, 2000 -- 1986, we have limited time. >> sure. lou: would you going to do? >> so, hispanics by and large support the border enforcement. we're not talking about the people who say we want open borders. one and enforced border. lou: i said secure borders. quite a difference. >> secure the borders. hispanics want to secure the borders. >> hispanics want gender politics not to be the one who decides to back weather up the borders secure? >> i think it's fair enough. all americans think we need to have a definition of what a secure border is. and i don't think that the federal government should be the one, you know,. lou: you have to come back and join this year. you have a big job. you have
hispanic, american, u.s. senator, smart fellow, and he says he can get that done as long as border security is there. >> absolutely. lou: the use of -- so that hispanic americans who are voting, 70 percent, for president obama? >> they used to vote for the government. lou: look, i would love to sit and talk with you about 2006, 2000 -- 1986, we have limited time. >> sure. lou: would you going to do? >> so, hispanics by and large support the border enforcement. we're not...
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Feb 17, 2013
02/13
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heinz, and the 11 billion-dollar merger between amr and u.s. airways. and i'm not including anheuser-busch more than big numbers and big deals. a big question. why is all this happening right now? why in an environment where taxes are going up a lot, why are we back to the deals with the likes of which we haven't seen since those lazy and hazy, much lower tax rate of 2005? well, it could be that companies simply have no else where else to put their cash or maybe it is all part of a big bunker mentality. too risky to start something new. so they are just buying out arrival or two in their own business. the deals are back. usually that is good for investors. but before the president takes a bow and since christmas, maybe you should take note that these guys are spending all this money, not as an endorsement, maybe as a defense against it. the real story behind all of this, we have matt schuett. what is going on? >> well, there's a lot of cash out there. not returning anything. borrowing costs are very low. stocks are pretty cheap. we have an environment w
heinz, and the 11 billion-dollar merger between amr and u.s. airways. and i'm not including anheuser-busch more than big numbers and big deals. a big question. why is all this happening right now? why in an environment where taxes are going up a lot, why are we back to the deals with the likes of which we haven't seen since those lazy and hazy, much lower tax rate of 2005? well, it could be that companies simply have no else where else to put their cash or maybe it is all part of a big bunker...
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Feb 20, 2013
02/13
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former u.s. navy seal. former u.s. army ranger, green beret. authors of the new e-book entitled benghazi, the definitive report. >> a situation where the u.s. unit's ad agencies were operating benghazi. a lot of cases not communicating with each other. special operations command conducting these rates, putting pressure on the militias and the terrorist groups and then what you saw, the result of that is the blow back of the gauzy. lou: special operations comes back and says, you know, we would never run an operation without the knowledge of the ambassador or the civilian representatives of the u.s. government and country. your reaction? >> it happens all the time. very often that they don't notify the ambassador and at the state department is not read on to serve special operations missions that are happening in various countries in the world. lou: and here we are, all these months later. the american people still don't have an accounting from the president of the united states or this administration as to what happened and why in benghazi. is
former u.s. navy seal. former u.s. army ranger, green beret. authors of the new e-book entitled benghazi, the definitive report. >> a situation where the u.s. unit's ad agencies were operating benghazi. a lot of cases not communicating with each other. special operations command conducting these rates, putting pressure on the militias and the terrorist groups and then what you saw, the result of that is the blow back of the gauzy. lou: special operations comes back and says, you know, we...
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Feb 22, 2013
02/13
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the u.s.? at t. rowe price, we unrstand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper avege. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. adam: look at that, a fine looking steak, garlic, pepper, and if you're a beef lover like myself, listen up. another possible effect of the impending sequester cuts could be a meat shortage. this is no joke. we're talking a shortage. secretary of agriculture tom vilsack said the agency would have to furlough workers, drastically cutting food safety inspection, and here's what that means to you. if there's no inspector, meat can't be processed, let alone sold to the butcher or restaurant. it may be time, although we should not encourage hording, start saving up on porter houses. joining me for more on this is the vice president of government affai
the u.s.? at t. rowe price, we unrstand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper avege. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. adam: look at that, a fine looking steak, garlic, pepper, and if you're a beef lover like myself, listen up. another possible effect of the...
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liz: cilia, does u.s. get involved in other country immigration reform effort? >> no, but if we're going to talk bi thought democrats were party of fairness what about those immigrants have been waiting decades to come here, fairly, in the interest of the countries, that are flooding in illegal immigrants, in know rip toas--interest to have them comn and take money back to their countries. liz: there is data out there, but this happens in the world, people from other countries working in another country, may make a lot of money identify the system and send it back home, should it be factored in. >> obviously it will affect the economy, you see this all of the time, many times i have gone into a drug store or a bank, money is being sent back to mexico. it just is, it is something that really is a huge part of the discussion, because if affects the economy, the money here is important issue. liz: adam? >> there is -- that is a fact that r remittance is a major pat of the economy it is a good thing for their country and our country as well, if i could add, to say t
liz: cilia, does u.s. get involved in other country immigration reform effort? >> no, but if we're going to talk bi thought democrats were party of fairness what about those immigrants have been waiting decades to come here, fairly, in the interest of the countries, that are flooding in illegal immigrants, in know rip toas--interest to have them comn and take money back to their countries. liz: there is data out there, but this happens in the world, people from other countries working in...
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Feb 24, 2013
02/13
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the u.s. postal service®, no business too small. john: mostly you are talking >> yes. over the last probably 20 years there has been a 15% increase the number of swap rates in the u.s. john: originally was supposed to be a rare event for highly armed crimals. >> that's right. it was intended to be a way to use violence to diffuse and already violence situation. hostage-taking, bank robberies, riots, that kind of thing. what they use now, there instigating violence, breaking into the homes of people suspected of non-violent crimes, marijuana, cocaine. we're seeing now used for things like reading poker games. so you are not diffusing violence situations and more, you're creating an. john: and this often is ten or 20 guys dressed in black, heavily-armed. >> they look like military. they look like, you know, a unit that would invade a village in iraq looking for insurgents. john: they say we need to do this to make sure the guy does not resist. and if we come in strong that reduces the chance that people will be killed. >> that is a fine argument if you have somebody who
the u.s. postal service®, no business too small. john: mostly you are talking >> yes. over the last probably 20 years there has been a 15% increase the number of swap rates in the u.s. john: originally was supposed to be a rare event for highly armed crimals. >> that's right. it was intended to be a way to use violence to diffuse and already violence situation. hostage-taking, bank robberies, riots, that kind of thing. what they use now, there instigating violence, breaking into...
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Feb 25, 2013
02/13
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if you look at the top u.s. kids based on income and compare them to the top kids in other countries across the globe, you will see our kids actually ranked 23rd, which is the same rating as the low income kids do. gerri: that is unbelievable, michelle. that is a real newsflash for parents all over the country, what do we do about it? >> we have to make sure their are highly effective teachers in every classroom, parents have options for sending their kids to a high-quality school program and the last thing tied to what we were talking about, making sure we have effective use of taxpayer dollars. a lot of middle and upper middle income households in this country, their kids are going to school everyday, they think they're getting a good education but they actually don't know what kind of return on investment taxpayers are getting. gerri: answer tha answered thatn could be very difficult. i wanted the degree to which so many teachers are unionized is one of those things drain money out of the system that could be
if you look at the top u.s. kids based on income and compare them to the top kids in other countries across the globe, you will see our kids actually ranked 23rd, which is the same rating as the low income kids do. gerri: that is unbelievable, michelle. that is a real newsflash for parents all over the country, what do we do about it? >> we have to make sure their are highly effective teachers in every classroom, parents have options for sending their kids to a high-quality school program...
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charles: the u.s. postal service, planning to cut saturday deliveries to cut its budget, but the le ter carrier union is fighting it tooth and nail. talking about my next guest, postmaster general patrick donahoe. you have been a busy man today, law talk about this decision. no more saturday delivery of mail but there will be delivery of packages, right? >> correct. what has gone orville redenbacheover the last fewyearn first class mail, billions of dollars in revenue, and at same time, a nice increase in package business, we know the american public wants the package delivered on saturday, but they also do not want to take on tax burdens to bail us out. in terms of delivering mail more than 5 days a week, we take no tax money now, and we don't want to take it. charles: by the same token, this will save perhaps $2 billion a year, but post offers lost $ 1 billion last year this is something akin to the pro verbal drop in the bucket. at some point unions they have to come to the table and make some sacri
charles: the u.s. postal service, planning to cut saturday deliveries to cut its budget, but the le ter carrier union is fighting it tooth and nail. talking about my next guest, postmaster general patrick donahoe. you have been a busy man today, law talk about this decision. no more saturday delivery of mail but there will be delivery of packages, right? >> correct. what has gone orville redenbacheover the last fewyearn first class mail, billions of dollars in revenue, and at same time, a...
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Feb 26, 2013
02/13
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requests is about whether the u.s. should be forgoing things that are important to our country into our economy, not paying for teachers, not paying for roads and bridges to be repaired and rebuilds. also that we can make sure that we retain a set of deductions and loopholes that the very wealthiest among aston continue to enjoy. so that is the fundamental choice we have before us. liz: draconian cuts and then there are people look at this and say, wait a minute. our federal budget is twice the size as it was just over a decade ago. is it impossible to slice just over 2%? >> there will be more coming off of an awful lot of the accounts. and the various secretaries of the president's cabinet have laid out what the implications will be for they're apartments, the amount of furloughs, the a lot of services that will be forgone of course the military, the pentagon, the joint chiefs and so forth make clear what the implications will be to national security. it is a bad picture that is painted. liz: if it is not appropriate
requests is about whether the u.s. should be forgoing things that are important to our country into our economy, not paying for teachers, not paying for roads and bridges to be repaired and rebuilds. also that we can make sure that we retain a set of deductions and loopholes that the very wealthiest among aston continue to enjoy. so that is the fundamental choice we have before us. liz: draconian cuts and then there are people look at this and say, wait a minute. our federal budget is twice the...
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Feb 21, 2013
02/13
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u.s. rare earth announced they obtained a new permit to drill in montana. it's a big deal because it takes years to get approval for this. coming up exclosively on fox business, the president of rare earth tells us why america has a costly mineral deficit and what needs to be done about it. david: rely on the chinese for that when we can get it at home. the clock ticking away to a string of automatic cuts. they go into effect of a budget agreement is not reached while the debate over what to cut continues, the white house pushes for a $50 billion project. $50 billion increase in spending? yes, what could it be? we'll tell you coming up after our break. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ sandra: hp up after reporting better than expec
u.s. rare earth announced they obtained a new permit to drill in montana. it's a big deal because it takes years to get approval for this. coming up exclosively on fox business, the president of rare earth tells us why america has a costly mineral deficit and what needs to be done about it. david: rely on the chinese for that when we can get it at home. the clock ticking away to a string of automatic cuts. they go into effect of a budget agreement is not reached while the debate over what to...
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our next guest born in bombay, came to the u.s. graduating from mit and harvard where he then stayed, grew the company in silicon valley now worth billions of dollars. david: and employees thousands. joining us now, chairman and ceo. so good to have you here, thank you for coming in. as wonderful as your story is, there are hundreds of other stories, perhaps thousands like it in the united states were people dream of coming here, learning that a place like mit or stanford and go on to set up a business that employs thousands of u.s. citizens. tell us about your story and if it is emblematic of what happens to others. >> yes, that is true. i showed up in this country, mit was kind enough to educate me and i went on to start a public company. the existing company has thousands of employees. over a billion dollars revenue in a little over a decade. every person i employees probably 10 other people that are employed by partners at other companies. so it makes no sense to spend hundreds of thousands educating these kids and then forcing
our next guest born in bombay, came to the u.s. graduating from mit and harvard where he then stayed, grew the company in silicon valley now worth billions of dollars. david: and employees thousands. joining us now, chairman and ceo. so good to have you here, thank you for coming in. as wonderful as your story is, there are hundreds of other stories, perhaps thousands like it in the united states were people dream of coming here, learning that a place like mit or stanford and go on to set up a...
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Feb 11, 2013
02/13
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the u.s. postal service®, no business too small. well, technically i wear one. (announcer) at scottrade, our clto make their money do more.re (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can buy and print real u.s. postage for all your letters and packages. it's like somebody dropped a post office on my desk. it's faster, and cheaper, and make us more productive. stamps.com makes it easy. easy, easy, easy. all you need is a computer and a printer. [ale announcer ] now you can avoid trips to the post office. go to stamps.com and get a 4 week, no risk trial. i have exactly the amo
the u.s. postal service®, no business too small. well, technically i wear one. (announcer) at scottrade, our clto make their money do more.re (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked...
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Feb 23, 2013
02/13
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joining us now with the economic outlook, chief u.s. economist for ubs investment research. great to have you here. talking about terrible thing, apocalypse, armageddon is the president of these united states. he's mistaken? >> all you have to do add the numbers. they say this sequester is $85 billion. that is based on budget authority. what they actually spend less behind budget authority so when commiists figured this, they take half of the 85 billion divided by the gdp and three tenths or four tenths of 1%. it's not that big right now. lou: one of the thing, and i don't want to engage you on the conversation with the president's veer rasety, but the fact of the matter, as we noted on the broadcast, the president talking about first responders, policemen, firemen, emts losing their jobs because of sequester. we d't know whahe was thinking when he said that, but i want to know what's going to happen with the economy, and i think everyone watching this wants to know where we are. in contraction in the fourth quarter with the gdp, and numbers suggest life and bigger to this e
joining us now with the economic outlook, chief u.s. economist for ubs investment research. great to have you here. talking about terrible thing, apocalypse, armageddon is the president of these united states. he's mistaken? >> all you have to do add the numbers. they say this sequester is $85 billion. that is based on budget authority. what they actually spend less behind budget authority so when commiists figured this, they take half of the 85 billion divided by the gdp and three tenths...
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Feb 28, 2013
02/13
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at what point u.s. republican and leader of the united states sasenate, tell those guys calm down and let us have some leadership here. clear, articulate voices about the republican view because it really is mixing messages, it really is confounding and it makes the republicans look either frivolous because it is a political gambit or perhaps even worse, seeking to avoid the responsibilities they said they wanted to claim and that is to reduce spending and return to fiscal policy. >> there should be no question about spending cuts will occur on friday, the sequester will go into place and realistically should not do all this damage the president continues to say is going to happen when you look at how small it is and how long it takes to actually roll through the process. my concern, as is yours, the president has hyped it to such degree they may have to force some things the most painful way on the american people, which a good manager, a good leader would try to rearrange in a way that would minimize
at what point u.s. republican and leader of the united states sasenate, tell those guys calm down and let us have some leadership here. clear, articulate voices about the republican view because it really is mixing messages, it really is confounding and it makes the republicans look either frivolous because it is a political gambit or perhaps even worse, seeking to avoid the responsibilities they said they wanted to claim and that is to reduce spending and return to fiscal policy. >>...
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Feb 25, 2013
02/13
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the u.s. postal service®, no business too small. ♪ lou: joining us now, the "a-team". we have -- in b.c. has fallen to the fifth position in ratings in the february sweeps. behind univision, for crying out loud. i thought -- i have a theory here. they have become so politicized, lifted the veil on their left-wing stuff. i think they may be paying the price for it. >> maybe it will follow and just take it in spanish. it's all his fault. he starts the day of being a liberal progressive jerk. then the rest of the day, even to the point when ellet baldwin was leading the liberals and progressives. but i think they just need jerry seinfeld, a program about nothing. that is what we couch potatoes want to do, that done nothing. lou: what do you think? >> it is a little more simple there are suffering as a result. >> what happened to true journalism? if you read an article by someone and you could tell what party affiliation they came from , that is true journalism. i believe that people -- >> you could not be more right. lou: you're right. it is long gone. look at what is hap
the u.s. postal service®, no business too small. ♪ lou: joining us now, the "a-team". we have -- in b.c. has fallen to the fifth position in ratings in the february sweeps. behind univision, for crying out loud. i thought -- i have a theory here. they have become so politicized, lifted the veil on their left-wing stuff. i think they may be paying the price for it. >> maybe it will follow and just take it in spanish. it's all his fault. he starts the day of being a liberal...
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Feb 26, 2013
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the flight to u.s. treasurys. >> my view on europe is that they have not done one thing right since the street protest back in 2010. not one iota close to the solving the financial crisis that we were in back then. they claim to be. we are going to get a banking union, fiscal union, but unless it is run by the germans it is not going to work. it is r by the french and italians. i don't think people are going to want to be racing to invest money. they are not any closer today in solving their problems than they were at the start of this crisis. lori: so easy to forget about that. interesting that the dollar was strong today. another pressure point for the equities market. but there is growing talk and concern of a currency or committing from japan. do you think this is a real threat? japan lowering the value of the yen to make exports more desirable and a better deal than other countries that folw suit creating sort of a ripple effect, this sort of currency were fear that is getting more traction. what i
the flight to u.s. treasurys. >> my view on europe is that they have not done one thing right since the street protest back in 2010. not one iota close to the solving the financial crisis that we were in back then. they claim to be. we are going to get a banking union, fiscal union, but unless it is run by the germans it is not going to work. it is r by the french and italians. i don't think people are going to want to be racing to invest money. they are not any closer today in solving...
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Feb 14, 2013
02/13
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all right, it's official now, u.s. airways, american airlines are going to merge, a 11 billion dollar all stock deal creating the world's largest airline and shareholders own 72% of the company and u.s. air 28%, watch out flyers, every previous merger after that, ticket prices went up. will that be repeated this time around? we'll see and by the way, bob crandall, former american airlines chairman he's on fox business 11 a.m. this morning. and i've got another big name that you know. slower sales, rising costs hurting the e-reader, it will lose on the nook in the year 2013. all right, everybody, look at this picture. a near handful of hollywood and political elitists protest the keystone pipeline, look, daryl hannah, a kennedy, a couple of dozen all they got. and they were arrested, a tiny number of people, but still making big headlines in the mainstream media. they command attention, why is that? you're going to meet one of those people, he's out of jail. 10 a.m. eastern and we have for you the opening bell next. twi
all right, it's official now, u.s. airways, american airlines are going to merge, a 11 billion dollar all stock deal creating the world's largest airline and shareholders own 72% of the company and u.s. air 28%, watch out flyers, every previous merger after that, ticket prices went up. will that be repeated this time around? we'll see and by the way, bob crandall, former american airlines chairman he's on fox business 11 a.m. this morning. and i've got another big name that you know. slower...
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i don't expect the u.s. government to do much about it is the one who is saying what you are saying. that our debt is making us weak and it's affecting our position in the world. >> they are very secretive when it comes to dealing with china and they don't want to upset the chinese leaders. the point i'm making is that i think there is a connection between their inability to stand tough on china and this debt. they don't want the chinese to sell half a trillion dollars of debt. that would cause a spike and wreak havoc on our nation's finances are a good mention mitt romney because during the campaign he did bring this up, as you recall. but there wasn'tt much action. since the election has been over, congress hasn't really done a lot on this. liz: it's pretty striking an astonishing that china has been relentlessly attacking the internet and cyberattacks. in our computers in the united states. so another we have alarms about this, i know admiral mike mullen has been talking about this. but to my mind, and ch
i don't expect the u.s. government to do much about it is the one who is saying what you are saying. that our debt is making us weak and it's affecting our position in the world. >> they are very secretive when it comes to dealing with china and they don't want to upset the chinese leaders. the point i'm making is that i think there is a connection between their inability to stand tough on china and this debt. they don't want the chinese to sell half a trillion dollars of debt. that would...
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Feb 27, 2013
02/13
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the question is with the fed buying 40% of u.s.-for f y 2013, with negative real interest rate, isn't the fed the great and a boiler. congress and the president make fiscal policy, in essence masking the true cost of the debt? >> if i could make three points. the first is as a share of all the debt outstanding, the fed's ownership is lowered today that was before the crisis. we own 15%, 16% of all the debt outstanding so the interest rate comes from actual market trading between private sector individuals. second-i emphasized today there's a very long-term problem here. what is going to matter is the interest rate not today but the interest-rate five years from now, 15 years from now. congress i hope has the foresight to see interest rates won't be this low forever and they should take that into account and finally i ask what is the alternative? if we raise interest rates substantially to make it harder for congress to borrow, at the same time we do damage to the economy and lower revenues and make the deficit worse i don't see tha
the question is with the fed buying 40% of u.s.-for f y 2013, with negative real interest rate, isn't the fed the great and a boiler. congress and the president make fiscal policy, in essence masking the true cost of the debt? >> if i could make three points. the first is as a share of all the debt outstanding, the fed's ownership is lowered today that was before the crisis. we own 15%, 16% of all the debt outstanding so the interest rate comes from actual market trading between private...
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Feb 13, 2013
02/13
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change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a colex, global economy. it's just one reason over 75% of our mutu funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's gohead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. more "likes." more tweets. . ... will be our new seni social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's
change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a colex, global economy. it's just one reason over 75% of our mutu funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and...
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Feb 22, 2013
02/13
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lou: egypt denying u.s. direct access to only publicly known suspect in custody in connection with the benghazi attack. that prompted quick response from our tweeters and facebook followers. joining us now, the a-team. remy spencer. michael goodwin. and joe trippi. what is going on, joe? the very concept that this administration just does not seem to have a -- anyway to move forward on this, is to me appalling. >> well, we can't compel another country to do what -- to give us you know interrogation of somebody. it -- i mean, we have to abide by the laws of the country these guys are in. but also,. lou: like in libya? is that what -- >> no, but it's clear whether we're getting -- whether they are asking the questions we want them asked. in other words, a lot of times we let the government in place in egypt do the interrogation, they have -- they can do things in their technique that we don't do any more. and so it is unclear to me, from any of the public statements, what going on. >> are you surprised that th
lou: egypt denying u.s. direct access to only publicly known suspect in custody in connection with the benghazi attack. that prompted quick response from our tweeters and facebook followers. joining us now, the a-team. remy spencer. michael goodwin. and joe trippi. what is going on, joe? the very concept that this administration just does not seem to have a -- anyway to move forward on this, is to me appalling. >> well, we can't compel another country to do what -- to give us you know...
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Feb 13, 2013
02/13
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liz: talk about expansions plans here in the u.s. and europe. you're building up all kinds of properties including a couple here in new york and these are high-end or upper scale hotels, correct? >> higher scale. liz: you only do that when you believe an economy is coming back. >> we do. barring something unforeseen that will set us going backwards from washington which we do not think we will we get, we think the hotel business will be in sight for a stronger run. not a lot of hotels coming on for 14 or 15. that should be a four or five-year good run. we'll start with the wind at your back. we hope for great things. we had a great december in manhattan. we talked about three ground breaks in 24 hours. a lot of fun. a lot of jobs for the city and we're very excited about that but we're also seeing that continue into 13. we have a new project breaking ground in washington. we have one at our global headquarters in rockville, maryland. we announced one in dallas and one in mean knicks and it goes on and on -- phoenix. we have 20 in the next 12 to
liz: talk about expansions plans here in the u.s. and europe. you're building up all kinds of properties including a couple here in new york and these are high-end or upper scale hotels, correct? >> higher scale. liz: you only do that when you believe an economy is coming back. >> we do. barring something unforeseen that will set us going backwards from washington which we do not think we will we get, we think the hotel business will be in sight for a stronger run. not a lot of...
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is the u.s. doing enough to stop iran? chrissy-- governor christie approves legislation in new jersey. will it give the economic boost lawmakers claim? even when they say it's not, it's always about "money." ♪ melissa: start by taking the pulse of the real estate market on "money," and fox business reported on it all day long, and the good news, mortgage applications rose by 1.8% in january from december. that is the highest level in 18 months. how solid is the real estate recovery? with me is our all-star power pam. look at this. madison is the coldwell banker from the hit show, "million dollar listing: l.a.," bruce ike maren, chairman of the continuing company, and dot tie, and jeff is chairman of douglas and development. welcome to all of you. bruce, starting with you. is real estate really back because we have been burned, baby. >> it is back in a very big weigh. the condo market in the major environments is on fire. melissa: really? dottie, do you agree with that? yeah, real estate is back, buy, buy, buy. i heard th
is the u.s. doing enough to stop iran? chrissy-- governor christie approves legislation in new jersey. will it give the economic boost lawmakers claim? even when they say it's not, it's always about "money." ♪ melissa: start by taking the pulse of the real estate market on "money," and fox business reported on it all day long, and the good news, mortgage applications rose by 1.8% in january from december. that is the highest level in 18 months. how solid is the real estate...
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judith miller, a former u.s. ambassador, said john bolton , let's go to benghazi first rebels say i have heard very few days of testimony like general dempsey and leon panetta a one negative panetta it made me sick to hear officials speak with so little information. >> information they were willing to do divulged. we only have the questions we started in not getting straight answers. lou: and a logger care what they're willing to divulged. the american people are entitled to the information they talk to the president once in general dempsey and i was a rare security risk in chose to wait until somebody asked rather than assume responsibility and the chairman of the joint chiefs of staff, a man leading the leaders in uniform. is gut-wrenching. >> is a conflict as to what the president said he said the to tell his people do every do and confirm from the pentagon knew was in charge with the state department or urgent -- but leon panetta says it is not 911 that when your people are in danger that is more than 911. lo
judith miller, a former u.s. ambassador, said john bolton , let's go to benghazi first rebels say i have heard very few days of testimony like general dempsey and leon panetta a one negative panetta it made me sick to hear officials speak with so little information. >> information they were willing to do divulged. we only have the questions we started in not getting straight answers. lou: and a logger care what they're willing to divulged. the american people are entitled to the...
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hit a intraday low versus the u.s. dollar. >>> the number of u.s. workers filing new applications for unemployment benefits fell by 5000 to a seasonally adjusted 366,000 last week. the four-week moving average, we tell you about that because is smofs out the wreak to week volatility, fell it a five-year low of 350,500. that is good news. ashley: straight to adam shapiro. we have a couple companies reporting, athenahealth. coinstar. begin with athenahealth. >> let's start with them. this is a beat on earnings per share, ashley. 29 cents versus what the street expected, 28 cents. revenue is a miss, 16 .6 million. the street was expecting 116.9 million. take a look at coinstar. this is an interesting mix here. you've got an earnings per share breath of 93 cents when the street was expecting 73 cents. revenue not nearly what the street was expecting. 564.1 million. the street was expecting 580.19 million. liz: the problem when you miss on revenue. you can engineer the eps. squeeze out all kinds of cost savings. that is why both these names, athenahealth
hit a intraday low versus the u.s. dollar. >>> the number of u.s. workers filing new applications for unemployment benefits fell by 5000 to a seasonally adjusted 366,000 last week. the four-week moving average, we tell you about that because is smofs out the wreak to week volatility, fell it a five-year low of 350,500. that is good news. ashley: straight to adam shapiro. we have a couple companies reporting, athenahealth. coinstar. begin with athenahealth. >> let's start with...
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liz: i'm curious about the u.s. fda, are you selling this as therapeutic product to get people off of smoking? stuart: what's your marketing? >> not allowed to use as a product that will help you to quit smoking. we cannot use the word safe or healthier. liz: you cannot use it? >> no. we have had thank you e-mails from users that have tried everything for 20, 30 years and saying thank you for putting these logic products out for us. stuart: logic technology is the name of company. not a public company; correct? >> privately owned. stuart: can you name the single biggest investor? >> myself and my partner howard bennis. i own 50% and my partner owns the other 50%. stuart: i just gave you an enormous commercial. do you realize that? >> thank you. stuart: you can have that back. thank you very much for joining us. we do appreciate it. very interesting product. thank you, sir. >> thank you. stuart: it's being billed as the winner of the super bowl commercials. after this coming break, we have the horse that starred in i
liz: i'm curious about the u.s. fda, are you selling this as therapeutic product to get people off of smoking? stuart: what's your marketing? >> not allowed to use as a product that will help you to quit smoking. we cannot use the word safe or healthier. liz: you cannot use it? >> no. we have had thank you e-mails from users that have tried everything for 20, 30 years and saying thank you for putting these logic products out for us. stuart: logic technology is the name of company....
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Feb 20, 2013
02/13
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u.s. companies. dagen: the white house is considering fines and other trade penalties against china. peter barnes has the very latest from washington. peter: the administration is expected to release its own reports. attorney general eric holder will be holding a news conference on this this afternoon. the u.s. is trying to step up efforts to prevent chinese hacking which have hit dozens of u.s. companies. the second report increasing pressure on the administration to take more forcible action against the chinese for what experts say have been years of systematic x-men nosh. these new programs between u.s. intelligence agencies and companies will take time to roll out. connell: peter barnes in washington, d.c. for us. obviously, this is becoming a bigger and bigger story for us. watch this. >> we have also, regularly and repeatedly, raised our concerns at the highest level with the chinese government about cyber theft. including with sr. chinese officials and the military will continue to
u.s. companies. dagen: the white house is considering fines and other trade penalties against china. peter barnes has the very latest from washington. peter: the administration is expected to release its own reports. attorney general eric holder will be holding a news conference on this this afternoon. the u.s. is trying to step up efforts to prevent chinese hacking which have hit dozens of u.s. companies. the second report increasing pressure on the administration to take more forcible action...
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Feb 25, 2013
02/13
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we're using irs taxpayer data files and u.s. census bureau. we're tracking activity from 95 all the way to 2010 and it shows literally billions of dollars moving from these high tax regimes to low tax regimes. just last week other reports from california entrepreneurs and tech companies worried about retroactive taxes in california. this is going to have an impact as well. so it is foolish to think that tax factors are not impacting local decisions on where to locate your business. stuart: okay, louisiana, oklahoma, kansas, north carolina, they are about to enact either no income tax policies or very very low income tax policies. are they doing it specifically because of the numbers that you're talking about? >> well, they understand that when you look at the states like texas, florida, tennessee, wyoming, new hampshire, the states that tax less on production, that their employment figures are better, their economic growth rates are higher, and they are seeing a surge even in how they balance their budgets with state government revenues. so fo
we're using irs taxpayer data files and u.s. census bureau. we're tracking activity from 95 all the way to 2010 and it shows literally billions of dollars moving from these high tax regimes to low tax regimes. just last week other reports from california entrepreneurs and tech companies worried about retroactive taxes in california. this is going to have an impact as well. so it is foolish to think that tax factors are not impacting local decisions on where to locate your business. stuart:...
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Feb 15, 2013
02/13
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listen to this. >> there are district attorneys and u.s. attorneys out there every day squeezing ordinary citizens on sometimes very thin ground and taking them to trial in order to make an example, as they put it. i'm really concerned that too big to fail have become too big for trial. stuart: that's interesting, that's elizabeth warren, a lot to do with financial regulation, she's now a senator from massachusetts and she's-- i think that's a populous approach to take. >> and thinking that it's a conservative, true conservaaive first principles of capitalism approach. interesting coming out of senator warren. she's essentially saying that the bankers are too big to jail and also too big to manage and too big to fail and she doesn't like that and she's saying possibly, what i'm reading into what she's saying, bankruptcy should have been the course for breaking up the banks when they start today collapse in 2008. break them up and make them for productive down the road. >> i think though that that message, jail a bank executive or two was ma
listen to this. >> there are district attorneys and u.s. attorneys out there every day squeezing ordinary citizens on sometimes very thin ground and taking them to trial in order to make an example, as they put it. i'm really concerned that too big to fail have become too big for trial. stuart: that's interesting, that's elizabeth warren, a lot to do with financial regulation, she's now a senator from massachusetts and she's-- i think that's a populous approach to take. >> and...
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the u.s. on balance is good, not everyone of them. we have central bankers all over the world, but begging for reflation putting money in the system and a lot of cash getting zero return and those things i think are the reason the stock is likely to continue going. connell: that is the last one i want to pick up on because reading your most recent numbers is lack of tolerance for the cash balances giving a zero return, so people do look and say i can't get a return for a decent yield on anything, so i would rather be in stocks than any kind of fixed income class. if any of that changing in the future, and if so at what point? interest rates have to go up some point, don't they? >> i think they will continue to creep higher, but they can't go a lot higher because the economy would then weekend. so i think as we globalize and the rate race will continue hig, but a lot of cash out there saying when things were volatile in the wrong direction, meaning down, my return of my capital, if you will. no
the u.s. on balance is good, not everyone of them. we have central bankers all over the world, but begging for reflation putting money in the system and a lot of cash getting zero return and those things i think are the reason the stock is likely to continue going. connell: that is the last one i want to pick up on because reading your most recent numbers is lack of tolerance for the cash balances giving a zero return, so people do look and say i can't get a return for a decent yield on...
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dagen: u.s. immigration enforcement announcing a record seizure of fake nfl merchandise close to $14 million worth. all of this that of the big game on sunday and joining me now the folks behind operation red zone is director john morton and nfl vice president for legal affairs and to start with you, talk to consumers out there, why should they care? >> they should care for number of reasons, counterfeiting is a crime. and consumers, excited about their favorite players and the super bowl getting scant and duped by counterfeiters, on the enthusiasm of the game. dagen: part of a seizure of merchandize, in rhode island, and you focus on web sites that are selling counterfeit merchandise as well. how have your resources shifted to the internet? >> this is a global problem and the internet has made it more of a challenge. we were working in every state and most countries around the world and we have gone after 300 websites offering counterfeit merchandise run by organized criminals. there is nothing
dagen: u.s. immigration enforcement announcing a record seizure of fake nfl merchandise close to $14 million worth. all of this that of the big game on sunday and joining me now the folks behind operation red zone is director john morton and nfl vice president for legal affairs and to start with you, talk to consumers out there, why should they care? >> they should care for number of reasons, counterfeiting is a crime. and consumers, excited about their favorite players and the super bowl...